- Solar Industries Ltd reported a 92.6% rise in Q1 net profit to Rs 653 crore
- Revenue increased 70.3% to Rs 3,668 crore in Q1 fiscal 2026-27
- Ebitda rose 90.1% to Rs 1,015 crore with a margin of 27.7%
Solar Industries Ltd.'s consolidated net profit saw a 92.6% uptick to Rs 653 crore, according to finanical results data for the first quarter of fiscal 2026-27, according to an exchange filing from the company on Thursday. The profit for the previous financial year was at Rs 339 crore.
The firm's revenue saw a 70.3% increase to Rs 3,668 crore, compared to Rs 2,154 crore in the year prior. The Ebitda (earnings before interest, taxes, depreciation and amortisation) was up 90.1% to Rs 1,015 crore, compared to Rs 534 crore in the year-ago period. The Ebitda margin expanded to 27.7% from 24.8%.
Solar Industries Q1 (Cons, YoY)
- Net Profit Up 92.6% to Rs 653 crore versus Rs 339 crore
- Revenue Up 70.3% to Rs 3,668 crore versus Rs 2,154 crore
- Ebitda Up 90.1% to Rs 1,015 crore versus Rs 534 crore
- Ebitda Margin at 27.7% versus 24.8%
On the bourses, Solar Industries shares rallied up to 7% to hit a fresh record high of Rs 20,400 per share. At 3:13 pm, Solar Industries shares were trading near day's high of Rs 20,326. In comparison, BSE Sensex was trading 0.2% lower at 77,813 levels.
(This is a developing story.)
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